UPDATE April 8, 2022: Have you had a deal fall through due to the new Fannie Mae/Freddie Mac guidelines? If so, we want to hear your story! Click here to submit details, which will be used in our legislative efforts.…
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UPDATE April 8, 2022: Have you had a deal fall through due to the new Fannie Mae/Freddie Mac guidelines? If so, we want to hear your story! Click here to submit details, which will be used in our legislative efforts.…
The Illinois Housing Development Authority (IHDA) received $250 million of federal funds to help homeowners who are still behind on their mortgage because of the COVID-19 pandemic. An estimated 12,000 homes will be eligible to receive $30,000 in mortgage assistance.…
Illinois REALTORS® released a new study, Color and Collateral, which shows that race plays a potentially large role in the rejection of home loan applications and appraised values of homes in Illinois. The study analyzed millions of mortgage applications, which…
The city of Chicago is currently accepting applications for its Mortgage Assistance Grants. This program provides grants to low- to moderate-income homeowners in Chicago who have been economically impacted by the COVID-19 pandemic. Grants will be awarded based on need,…
Some millennials say they would rather afford to buy a home than spend money on a wedding or honeymoon. A Redfin survey found 38 percent of American millennials (aged 18-34) say they would, or have, put off a wedding or…